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Protectionism Returns: Germany Seeks To End "Unwanted Foreign Takeovers" Of Local Companies

Many have said that if Trump wins the presidency, a new ice age of global trade protectionism may be upon us. Well, some may be taking steps to preempt that and are already launching various protectionist measures in response to rising populist anger. Just a few months after the US Treasury unveiled new anti-tax inversion rules, which were meant to kill the Pfizer-Allergan deal, but according to many may have launched a new wave of global deal protectionism, overnight Germany appears to have retaliated in kind when according to Welt am Sonntag, Angela Merkel's government was exploring options to limit any purchase of more than a 25% stake in German companies.
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